BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The second last step of EDP is ____
|
|
Selection of training personnel
|
|
|
Actual training
|
|
|
Monitoring and follow up
|
|
|
Actual training program
|
Explanation:
Detailed explanation-1: -2) Training Phase : The main function of any EDP is to impart training to future entrepreneurs and guiding them for establishing the enterprise.
Detailed explanation-2: -The most commonly used steps of the EDP are defining the problem, building, testing, evaluating, and redesigning.
Detailed explanation-3: -Harvesting – The last step in this process is harvesting, where an entrepreneur determines the future growth and development of the business. Here, real-time development is compared with the projected growth, and then the business security or the extension is initiated accordingly.
There is 1 question to complete.